Siemens Gamesa Renewable Energy S A : Board resolution regarding the call of the 2021 General Meeting of Shareholders

SIEMENS GAMESA RENEWABLE ENERGY, S.A.

OTHER RELEVANT INFORMATION

As per section 227 of the restated text of the Securities Market Law (texto refundido de la Ley del Mercado de Valores), approved by the Royal Legislative Decree 4/2015, of 23 October, and related provisions, the Company announces the following other relevant information:

The Board of Directors of Siemens Gamesa Renewable Energy, S.A. (hereinafter, "Siemens Gamesa" or the "Company"), in its meeting held today, 9 February 2021, has adopted, among others, the following resolutions:

Call of the 2021 Ordinary General Meeting of Shareholders

To call the 2021 Ordinary General Meeting of Shareholders of the Company, which will be held at the first call on Wednesday 17 March 2021 at 12:00 in the Mitxelena Auditorium of Bizkaia Aretoa in Bilbao, Avenida Abaindoibarra 3, and in the event of there not being the quorum of attendance required by Law, it will be held at the second call on Thursday 18 March 2021, at 12:00, at the same place, with the purpose of deliberate and take agreements about the issues included in following

Agenda

ITEMS RELATING TO THE ANNUAL ACCOUNTS AND TO CORPORATE MANAGEMENT:

One.- Examination and approval, if appropriate, of the individual annual accounts (balance sheet, profit and loss account, statement of changes in shareholders' equity, statement of cash flows and notes) of Siemens Gamesa Renewable Energy, Sociedad Anónima, as well as of the consolidated annual accounts of the Company and its subsidiaries (balance sheet, profit and loss account, statement of changes in shareholders' equity, statement of cash flows and notes), for the financial year ended on 30 September 2020.

Two.- Examination and approval, if appropriate, of the individual management report of Siemens Gamesa Renewable Energy, Sociedad Anónima and of the consolidated management report of the Company and its subsidiaries for the financial year ended on 30 September 2020.

Three.- Examination and approval, if appropriate, of the consolidated statement of non- financial information of Siemens Gamesa Renewable Energy, Sociedad Anónima for the financial year ended on 30 September 2020.

Four.- Examination and approval, if appropriate, of the corporate management and the activities of the Board of Directors during the financial year ended on 30 September 2020.

ITEM RELATING TO THE ALLOCATION OF PROFITS/LOSSES:

Five.- Examination and approval, if appropriate, of the proposed allocation of profits/losses of Siemens Gamesa Renewable Energy, Sociedad Anónima for the financial year ended on 30 September 2020.

ITEMS RELATING TO THE COMPOSITION OF THE BOARD OF DIRECTORS:

Six.- Ratification of the appointment by co-option and re-election of Mr Tim Dawidowsky as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of proprietary non-executive director, for the bylaw-mandatedfour-year term.

Seven.- Re-election of Ms Mariel von Schumann as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of proprietary non- executive director, for the bylaw-mandatedfour-year term.

Eight.- Re-election of Mr Klaus Rosenfeld as a director of Siemens Gamesa Renewable Energy, Sociedad Anónima, with the classification of independent non-executive director, for the bylaw-mandatedfour-year term.

ITEM RELATING TO THE RE-ELECTION OF THE COMPANY'S STATUTORY AUDITOR:

Nine.- Re-election of Ernst & Young, Sociedad Limitada as statutory auditor of Siemens Gamesa Renewable Energy, Sociedad Anónima and of its consolidated group for financial year 2021.

ITEM RELATING TO THE REMUNERATION OF THE MEMBERS OF THE BOARD OF DIRECTORS:

Ten.- Approval of a new Policy of Remuneration of Directors of Siemens Gamesa Renewable Energy, Sociedad Anónima for financial years 2022, 2023 and 2024.

ITEM RELATING TO REMUNERATION SYSTEMS:

Eleven.- Examination and approval, if appropriate, of a Long-Term Incentive Plan for the period from fiscal year 2021 through 2023, involving the delivery of shares of the Company and tied to the achievement of certain strategic objectives, addressed to the CEO, Top Management, certain Senior Managers and employees of Siemens Gamesa Renewable Energy, Sociedad Anónima and, if appropriate, of the subsidiaries, and delegation of powers to the Board of Directors, with express power of substitution, to implement, elaborate on, formalise and carry out such remuneration system.

ITEM RELATING TO GENERAL MATTERS:

Twelve.- Delegation of powers for the formalisation and implementation of all the resolutions adopted by the shareholders at the General Meeting of Shareholders, for the conversion thereof into a public instrument and for the interpretation, correction, supplementation or further development thereof until all required registrations are accomplished.

ITEM SUBMITTED TO A CONSULTATIVE VOTE:

Thirteen.- Consultative vote on the Annual Report on Remuneration of Directors of Siemens Gamesa Renewable Energy, Sociedad Anónima for financial year 2020.

INFORMATION TO BE PROVIDED TO THE SHAREHOLDERS AT THE GENERAL MEETING OF SHAREHOLDERS:

Information will be provided to the shareholders at the General Meeting of Shareholders regarding the amendments to the Regulations of the Board of Directors approved on August 5 and November 27, 2020.

The notice of the call of the 2021 Ordinary General Meeting of Shareholders will be published in the following days as provided in the applicable legislation and the Corporate Governance Rules of the Company.

In Zamudio (Biscay), on 9 February 2021

Juan Antonio García Fuente

Secretary of the Board of Directors